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GODO Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:22

Abstract:  GODO, is allegedly a forex and CFD broker registered in Mauritius that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:1000 and variable spreads from 0 pips on MT4, MT5, and cTrader, as well as a choice of six different account types and 24/7 customer support service. GODO does not offer its services to the residents of certain jurisdictions such as Afghanistan, Cote d’Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, Syria, and Yemen.

GODO Review Summary
Founded2019
Registered Country/RegionMauritius
RegulationOffshore regulated by FSC
Market Instruments3,000+, Forex, metals, indices, stocks, cryptocurrencies, futures, commodities (oil)
Demo Account✅
LeverageUp to 1:500
SpreadFrom 1.2 pips (Standard account)
Trading PlatformMT4, MT5, cTrader
Minimum Deposit$10
Customer Support24/7 support, Contact Form
Email: cs@godocm.com
Company Address: 12th Floor, Standard Chartered Tower, Bank Street, Cybercity, Ebene, 72201, Mauritius
Social Media: Facebook, Twitter, YouTube, Instagram, Telegram, LinkedIn
Regional RestrictionAfghanistan, Cote d‘Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, Syria, Yemen

GODO Information

  GODO, is allegedly a forex and CFD broker registered in Mauritius that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:1000 and variable spreads from 0 pips on MT4, MT5, and cTrader, as well as a choice of six different account types and 24/7 customer support service. GODO does not offer its services to the residents of certain jurisdictions such as Afghanistan, Cote d’Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, Syria, and Yemen.

GODO's homepage

Pros and Cons

ProsCons
Various market offeringsOffshore FSC regulated
Demo accounts availableRegional restrictions
MT4 and MT5 platforms
24/7 customer support
Low minimum deposit requirement

Is GODO Legit?

  GODO is offshore regulated by the Financial Services Commission (FSC). However, offshore regulators may not offer the same level of protection as major regulatory bodies, which means trading activities on this platform still carry significant risks.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Financial Services Commission (FSC)Offshore RegulatedGOTO LTDRetail Forex LicenseGB20025812
Offshore regulated by FSC

What Can I Trade on GODO?

  GODO claims to offer over 3,000 market instruments, covering forex, metals, indices, stocks, cryptocurrencies, futures, and commodities (oil). However, tradable assets vary based on the account class.

Trading AssetAvailable
forex✔
metals✔
commodities✔
indices✔
stocks ✔
cryptocurrencies✔
bonds❌
options❌
funds❌
ETFs❌
What Can I Trade on GODO?

Account Type

  With a low minimum deposit of $10, GODO offers a demo account and six types of live accounts: Standard, Pro, Zero, Copy Trading, Cents, and Yield.

Account TypeStandard Pro Zero Copy Trading Cents Yield
Minimum Deposit$100$1,000$3,000$1,000$10$3,000
SpreadFrom 1.2 pipsFrom 0.7 pipsFrom 0.0 pipsFrom 1.2 pips/
Commission❌$3.5❌
Leverage1:5001:1000/
Stop Out Level30%50%/
Lot Size0.01-100/
InstrumentsForex, Metals, Oil, Indices & SharesForex, MetalsForex, Metals, Oil, IndicesForex/
Account comparison

Leverage

  GODO offers a leverage of up to 1:1000. Note that high leverage can amplify not only profits but also losses.

Fees

  On this platform, the spreads for each account vary, with the minimum being 0 pips. GODO charges a commission of $3.5 for the Zero Account.

Account TypeSpreadCommission
Standard AccountFrom 1.2 pips❌
Pro AccountFrom 0.7 pips
Zero AccountFrom 0.0 pips$3.5
Copy Trading AccountFrom 1.2 pips❌
Cents Account
Yield Account/

Trading Platform

  Traders on GODO get access to three popular trading platforms: cTrader, MT4, and MT5.

  cTrader is a popular multi/asset trading platform, designed primarily for forex and CFD trading. It is known for its user/friendly interface, fast execution speed, and advanced charting tools.

  MT4 is a powerful, easy/to/use platform ideal for both beginners and experienced traders in the forex and CFD markets.

  Meanwhile, its successor, MT5, is more versatile than MT4; it is slightly more complex, which makes it a preferred choice for experienced traders or those looking for multi/asset trading capabilities.

Trading PlatformSupported Available Devices Suitable for
cTrader✔Desktop, Mobile, Web/
MT5✔Desktop, Mobile, WebExperienced traders
MT4✔Desktop, Mobile, WebBeginners
Trading Platform

Deposit and Withdrawal

  GODO accepts payment methods including Neteller, AfrAsia Bank, Mastercard, PayPal, Visa, and Skrill.

Payment options

Related broker

Regulated
GODO
Company name:GODO LTD
Score
5.80
Website:https://www.godocm.com/
5-10 years | Regulated in Cyprus | Derivatives Trading License (STP) | MT5 Full License
Score
5.80

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